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General Fund (continued) <br />The amount of expenditures and transfers to other funds from the General Fund for 1994 and <br />1993, respectively, are presented in the following table: <br />Function <br />Current: <br />General Government <br />Public Safety <br />Highways and Streets <br />Culture and Recreation <br />Unallocated <br />Debt Services <br />Capital Outlay <br />Transfer To Other Funds <br />Total Expenditures <br />Tax Increment Fund: <br />PITMAN CITAL SUMl 4[ATIRSY <br />(Continued) <br />x <br />1994 <br />% of <br />Amount Total <br />$ 732,512 <br />912,727 <br />410,386 <br />215,485 <br />434 <br />0 <br />101,809 <br />625,029 <br />$2,998,382 <br />1993 <br />% of <br />Amount Total <br />24.4% $ 738,800 <br />30.4 824,177 <br />13.7 329,890 <br />7.2 162,032 <br />0.1 15,880 <br />0.0 4,225 <br />3.4 79,885 <br />20.8 625,896 <br />100.0% $2,780,785 <br />26.6% <br />29.6 <br />11.9 <br />5.9 <br />0.6 <br />0.1 <br />2.8 <br />22.5 <br />100.0% <br />Special Revenue Funds <br />Special Revenue Funds are used to account for the proceeds of specific revenue sources that are <br />legally or otherwise restricted to expenditures for specific purposes. <br />The Tax Increment Fund is utilized to account for general property taxes received in the <br />form of tax increments levied on properties located within the tax increment financing <br />districts. Activity in this fund will increase in future years as increments are generated from <br />development. The increments are used to retire debt issued to finance improvements in the <br />districts and to directly fund additional projects within the district boundaries. <br />The fund balance as of December 31, 1994 was $1,745,708, which represents a decrease <br />of $1,079,196 from December 31, 1993. <br />Landfill Tipping Fee Fund: <br />The Landfill Tipping Fee Fund was established to account for landfill tipping fees collected <br />by the City and expenditures as authorized by Minnesota Statute Section 115A.921 for <br />mitigating and compensating for the local risks, costs and other adverse effects of the <br />landfill located within the City. The landfill closed permanently during 1993, so funding <br />from tipping fees will no longer take place. Future expenditures from this fund will be <br />limited to the interest earned by the fund in any given year. <br />The fund balance as of December 31, 1994 was $515,301, compared to $527,990 on <br />December 31, 1993. <br />